Regional Comprehensive Economic Partnership (RCEP) involves the 10 Asean nations as well as China, Japan, South Korea, Australia, New Zealand and India Talks are ongoing in Zhengzhou, and will continue into next week when Chinese and American trade negotiators will resume their talks in Shanghai The Online Publishers “TOP” offers high quality translation and substance […] Read more
Alibaba Group opened its business-to-business (B2B) online marketplace to US companies on Tuesday, taking on its US rival Amazon.com as part of the Chinese e-commerce giant’s plan to grow its market share internationally. In a further push to grow its business outside China, the Alibaba.com platform will let US manufacturers, distributors and wholesalers sell their […] Read more
China will impose duties on stainless steel imports from the European Union, Japan, South Korea, and Indonesia this week in response to the damage caused to the domestic industry by products sold at below fair market prices, the Ministry of Commerce announced on Monday. Anti-dumping duties ranging from 18.1 per cent to 103.1 per cent […] Read more
China suddenly added a new member to its negotiating team — the country’s commerce minister, Zhong Shan, who is seen as a hard-liner by many officials in Washington. “The U.S. side has provoked economic and trade frictions against us and violated the principles of the WTO. It is typical of unilateralism and protectionism. … We […] Read more
The European Parliament voted on Thursday to adopt a resolution calling for the Hong Kong government to formally withdraw its highly unpopular extradition bill, just hours after Beijing accused the motion of being full of “ignorance and prejudice”. The legislative branch of the European Union said the bill had caused fear among the people of […] Read more
China’s state assets regulator has discussed the possibility of cooperation between US firms and state-owned enterprises in a meeting with the visiting head of an American multinational corporation. Hao Peng, who was appointed the director of the State-owned Assets Supervision and Administration Commission in May, met Larry Culp, the chief executive of General Electric, on […] Read more
China could learn a lesson for its possible digital currency issuance from the Hong Kong monetary system that allows “commercial entities” to issue banknotes backed by their own private currency assets, former central bank governor Zhou Xiaochuan said. Zhou, who served as the governor of the People’s Bank of China (PBOC) for over 15 years […] Read more
Over three quarters of 1,000 Singaporeans surveyed in June said they supported Hong Kong’s ongoing protests against a controversial extradition bill – a result political analysts suggested was a reflection of the close-knit ties between the “twin cities”. Still, the observers said the strong support level did not necessarily mean Hong Kong-style street politics would […] Read more
Greece’s incoming Prime Minister Kyriakos Mitsotakis will have to decide whether to continue opening up the country to Chinese investment following his election victory on Sunday. Although the previous government led by Syriza signed up for the Belt and Road Initiative in 2018, earlier this year the leader of the centre-right New Democracy party told […] Read more
China insists US must remove all trade war tariffs as part of deal, says commerce ministry spokesman
China has insisted that all tariffs on Chinese imports added by the United States during the trade war must be scrapped immediately as part of any deal to end the year-long conflict, which would require the Trump administration to give up its position that some levies remain in place even after an agreement is reached. […] Read more
